Top Reverse Mortgage Companies: Best Real Estate Loan Providers in 2025
Reverse mortgages provide financial flexibility for seniors by allowing them to tap into their home equity without selling their property. The loan is repaid when the homeowner moves out, sells the home, or passes away. With various lenders offering different terms and conditions, it is essential to compare options before committing. Below is a comprehensive breakdown of the top-rated reverse mortgage providers in the US, including their key features, benefits, and potential drawbacks.

Types of Reverse Mortgages
Reverse mortgages come in different forms, each catering to specific financial needs. The most common types include:
- Home Equity Conversion Mortgage (HECM): Backed by the Federal Housing Administration (FHA), HECMs are the most popular reverse mortgages. They offer flexible payment options and are available through FHA-approved lenders.
- Proprietary Reverse Mortgages: These are private loans designed for high-value homes that exceed FHA limits. They often come with higher loan amounts but may have stricter eligibility requirements.
- Single-Purpose Reverse Mortgages: Offered by state and local government agencies, these loans are intended for specific purposes, such as home repairs or property taxes.
Top Reverse Mortgage Companies in 2025
Choosing the right lender is critical to securing favorable terms and avoiding hidden fees. Below are the leading reverse mortgage providers in the US:
1. AAG (American Advisors Group)
AAG is one of the largest reverse mortgage lenders in the US, known for its competitive rates and excellent customer service. The company offers HECM loans with flexible disbursement options, including lump-sum payments, monthly installments, or lines of credit. AAG also provides educational resources to help borrowers understand the process.
2. Finance of America Reverse (FAR)
FAR specializes in reverse mortgages and offers both HECM and proprietary loans. The company stands out for its low origination fees and transparent pricing. FAR also provides a unique product called the HomeSafe Reverse Mortgage, which is designed for homeowners with higher property values.
3. Reverse Mortgage Funding (RMF)
RMF is a trusted name in the reverse mortgage industry, offering HECM loans with no upfront mortgage insurance premiums for qualified borrowers. The company provides multiple payment options and has a strong reputation for customer satisfaction.
4. Liberty Reverse Mortgage
Liberty Reverse Mortgage, a division of Mutual of Omaha Bank, offers HECM loans with no origination fees for certain borrowers. The company is known for its straightforward application process and responsive customer support.
5. Longbridge Financial
Longbridge Financial provides HECM and proprietary reverse mortgages with competitive interest rates. The company emphasizes transparency and offers a variety of payment plans to suit different financial needs.
Comparison of Top Reverse Mortgage Providers
Provider | Loan Types | Key Features | Customer Rating |
---|---|---|---|
AAG | HECM | Flexible payment options, educational resources | 4.8/5 |
Finance of America Reverse | HECM, Proprietary | Low origination fees, HomeSafe product | 4.7/5 |
Reverse Mortgage Funding | HECM | No upfront mortgage insurance for qualified borrowers | 4.6/5 |
Liberty Reverse Mortgage | HECM | No origination fees for certain borrowers | 4.5/5 |
Longbridge Financial | HECM, Proprietary | Transparent pricing, multiple payment plans | 4.6/5 |
Factors to Consider When Choosing a Reverse Mortgage Provider
Selecting the right reverse mortgage lender involves evaluating several factors:
- Interest Rates: Compare fixed and adjustable rates to determine which option suits your financial goals.
- Fees and Closing Costs: Look for lenders with low origination fees and transparent pricing.
- Customer Service: Read reviews and testimonials to gauge the lender’s responsiveness and support.
- Loan Flexibility: Choose a provider that offers multiple disbursement options, such as lump sums, monthly payments, or lines of credit.
Final Thoughts
Reverse mortgages can be a valuable financial tool for seniors, but selecting the right lender is crucial. By comparing the top providers and understanding their offerings, you can make an informed decision that aligns with your financial needs. Always consult with a financial advisor before committing to a reverse mortgage to ensure it is the right choice for your situation.
References:
AAG
Finance of America Reverse
Reverse Mortgage Funding
Liberty Reverse Mortgage
Longbridge Financial